I don't work at a hudge fund, and I know a lot of people here make more money (O&G pays VERY well, not sure most people can be jealous of other industries) than me so I assume this isn't a humble brag.
I have a lot of friends (and friends of friends) who worked in finance in NY. Few things I learned, yes long hours as you know. (Heard 80+ hrs, not sure if they are true and if they are generously throwing in commute time as their "hours of work" as I noticed people have started to do that).
One thing I also learned is for as much money as you make, you use a lot of it and its not really your choice if you want to stay in the "in crowd" .... make lots of money, lose lots of money. In finance, money comes fast and early but it leaves quickly too.
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"With a coach and a player, sometimes there's just so much respect there that it's boils over"
-Taylor Hall
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